US equities are battling to hold broad gains. Meanwhile, the precious metals are leaning upward, Gold +$3 (0.2%), with Silver +1.6%. The miner ETF of GDX is currently +5cents at $29.45.
GLD daily
SLV daily
GDX daily
Summary
Gold/GLD: printing $1806, if cooling back to $1799. The August $1824s remain teasingly close.
Silver/SLV: silver printed a new s/t high of $23.43… helped by the positive main market, and the slightly cooler dollar.
GDX: miners have seen early sig’ gains fade. The current candle is black… from around the 200dma. S/t vulnerable with the main market.
notable miner: GOLD
Reflective of the sector… as gains faded.
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Equities: sp’60min
S/t momentum is on the high side… as we’re increasingly prone to rollover.